A Few Bright Spots In Microchip Technology, Inc (NASDAQ: MCHP)

Microchip Technology, Inc (NASDAQ:MCHP) currently has a daily average trading volume of 11.70M but it saw 8243131 shares traded in last market. With a market cap of 39.46B USD, the company’s current market price of $73.16 came rising about 2.06 while comparing to the previous closing price of $71.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $96.98 and as low as $34.12. In the recent trading on the day.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Cantor Fitzgerald which initiated the stock as “Neutral” in its note to investors issued on June 18, 2025, recommending a price target of $70 for it. BofA Securities upgraded its recommendation for the stock as a “Neutral” from “Underperform” on May 09, 2025 while assigning a price target of $56. UBS issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $55 and $60.

Over the week, MCHP’s stock price is moving 2.18% up while it is 21.93% when we observe its performance for the past one month. Year-to-date it is -20.04% down and over the past year, the stock is showing an upside performance of 27.57%.

Currently, Microchip Technology, Inc’s total number of outstanding shares is 538.70M. Company’s return on investment (ROI) stands at -0.02% and return on equity (ROE) at -0.01%. It has a 28.70 of forward P/E ratio. Stock’s beta reads 1.54. Stock has a price to book (P/B) ratio of 5.57 while price to sale or P/S ratio amounts to 8.97. Its return on asset (ROA) is -0.00% on average.

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